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OneSubsea-Helix joint venture begins 15,000-psi intervention riser system development

01st May 2015

Subsea Services Alliance, the collaboration between Helix Energy Solutions Group, Inc., OneSubsea, a Cameron and Schlumberger company, and Schlumberger, has announced the first joint technology project between OneSubsea and Helix to engineer and manufacture a 15,000-psi intervention riser system

This jointly developed technology advances the alliance’s objectives to offer well intervention solutions to service the increasing number of high-pressure wells in the subsea environment. The system, which will be available on a rental basis in mid-2017, is being engineered and built at OneSubsea facilities in Leeds, UK.

Helix president and chief executive officer, Owen Kratz said: “This new jointly-owned system will allow us to service a wider range of our client’s well stock. It shows that even in a downturn we are able to target new and exciting opportunities.”

Mike Garding, OneSubsea chief executive officer, stated: “By combining the operational expertise of Helix Energy Solutions with OneSubsea’s world class engineering and manufacturing capability, we are creating well access and control packages that will expand today’s operating envelope to deeper and higher temperature environments. The announcement for the 15,000-psi intervention riser system is one of the first steps we are taking on the road to become the pioneers in subsea well intervention.”

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